Statutory Guidelines [Appendix A(6) Revenue Procedure 93-34] regarding rules under which a designated settlement fund described in section 468B(d)(2) of the Internal Revenue Code or a qualified settlement fund described in section 1.468B-1 of the Income Tax Regulations will be considered "a party to the suit or agreement" for purposes of section 130.
Title: Understanding Alaska Revenue Procedure 93-34: Types and Detailed Description Introduction: Alaska Revenue Procedure 93-34 is a key regulatory document issued by the Alaska Department of Revenue (FOR). This procedure provides taxpayers with detailed guidance on tax matters, compliance, and administrative procedures in the state of Alaska. In this article, we will explore what it entails, its significance, and the types that exist within this revenue procedure. Keyword: Alaska Revenue Procedure 93-34 I. Meaning and Purpose of Alaska Revenue Procedure 93-34: 1. Definition of Alaska Revenue Procedure 2. Overview of the Alaska Department of Revenue (FOR) 3. Importance of Revenue Procedures for Taxpayers 4. Tax Compliance and Administrative Procedure Guidance II. Detailed Description of Alaska Revenue Procedure 93-34: 1. Scope and Applicability: a. Taxpayers Covered under Procedure 93-34 b. Types of Taxes Covered by this Revenue Procedure 2. Individual Provisions: a. Filing Requirements b. Reporting and Payment Procedures c. Estimated Tax Payments d. Extension and Waiver Procedures e. Refund and Credit Claims 3. Business Provisions: a. Corporate Tax Filings b. Partnership and LLC Tax Filings c. Employer Withholding Taxes d. Sales and Use Tax Obligations e. Special Excise Taxes 4. Administrative Procedures: a. Audits and Examinations b. Records and Documentation Requirements c. Appeal Processes d. Penalties and Interest Assessments 5. Compliance Assistance and Resources: a. Online Tools and Resources for Taxpayers b. Forms, Instructions, and Publications c. Guidance for Tax Professionals d. FAQs and Updates III. Types of Alaska Revenue Procedure 93-34: 1. Alaska Revenue Procedure 93-34, (Type 1): a. Specified Tax Regulations b. Applicability to Specific Industries or Entities 2. Alaska Revenue Procedure 93-34, (Type 2): a. General Tax Compliance Guidelines b. Applicability to All Taxpayers Conclusion: Alaska Revenue Procedure 93-34 serves as comprehensive guidance for taxpayers in the state by outlining various tax compliance procedures and administrative guidelines. This vital document covers a wide range of tax obligations, providing clarity on reporting, payments, audits, and other administrative procedures. By utilizing the resources and assistance provided in Alaska Revenue Procedure 93-34, taxpayers can navigate their tax obligations with confidence and ensure compliance with state regulations.
